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Decentralized Democracy

House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
  • May/29/23 8:58:55 p.m.
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Mr. Chair, I am going to split my time three ways. I thank the minister for coming. The minister agrees that deficits fuel inflation. She said so. How much will the $60 billion that she just spent increase inflation over five years?
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  • May/29/23 8:59:32 p.m.
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Mr. Chair, this is a simple question. Of the $60 billion that the minister just spent in her budget, how much will inflation increase over five years? I want just a number.
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  • May/29/23 9:00:05 p.m.
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Mr. Chair, the minister knows that inflation went up last month after she tabled her budget. She has been briefed on this number. There are officials sitting in front of her. I will give her a moment to ask her officials what the number is. How much will inflation go up as a result of the $60 billion that she spent in the last budget?
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  • May/29/23 9:02:19 p.m.
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Mr. Chair, it was $24.5 billion. Can she tell us, in numbers, how much it is today to service the debt?
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  • May/29/23 9:02:48 p.m.
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Mr. Chair, the minister does not believe that the amount she pays to service the debt is important, and every Canadian should hear that today. It is $43.9 billion. That number has doubled. I will ask her one last question, and I want just a number. How much is the payment for the Canada health transfer that this federal government makes? I want an approximation, not even a full number.
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